Register

Sami opened an account with a deposit of $4,000. The bank pays 3.5% annual simple interest on this account Sami did not make any additional deposits or withdrawals. How long wil…

Sami opened an account with a deposit of $4,000. The bank pays 3.5% annual simple interest on this account Sami did not make any additional deposits or withdrawals. How long wil…
140k views
7 votes
Sami opened an account with a deposit of $4,000. The bank pays 3.5% annual simple interest on this account Sami did not make any additional deposits or withdrawals. How long will it take for Sami to earn $2,100 in interest on this account?

User Alex Dmitriev
by
7.7k points

1 Answer

6 votes

Answer: 15 months

Explanation:

Sami opened an account with a deposit of $4,000. The bank pays 3.5% annual simple-example-1
User Jlindenbaum
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!